Weatherford opens facility in Singapore

Offshore staff

SINGAPORE – Weatherford International (NYSE: WFT) has opened its new multi-million dollar facility in Singapore.

The base will incorporate manufacturing and technology, assembly and test, repair and maintenance, warehouse facilities, and administrative and office space.

COO Peter Fontana said: “This development is critical to the ongoing success of our business within Singapore and will provide a base from which we can coordinate and expand our operations across the Asia/Pacific region.

“We have identified significant growth potential in emerging markets such as Bangladesh, Brunei, Vietnam, Philippines, and Myanmar, and our investment in this new facility is a milestone in the evolution of our business in these key areas.”

11/08/2012

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